Latest News Releases From The Newsroom
Patent Power: Tesla Expands IP Protection, Alibaba Shifts Leadership
June 20th, 2023
Tesla, Inc. (Nasdaq: TSLA), a renowned electric vehicle and clean energy company, is increasing the protection of its intellectual property with two new patents awarded by The United States Patent and Trademark Office (USPTO). The first patent, No. Read more
Arcellx's IND Clinical Hold and Rhythm Pharma's Breakthrough: Weight Loss in HyOb Patients
June 20th, 2023
Arcellx, Inc. (Nasdaq: ACLX) said that its CART-ddBCMA investigational new drug (IND) for the treatment of relapsed or refractory multiple myeloma (rrMM) has been placed on clinical hold by the U.S. Food and Drug Administration (FDA). The cl. Read more
US Steel Unveils Upbeat Q2 View, Warren Buffett's Berkshire Hathaway Boosts Japan Stakes
June 19th, 2023
United States Steel Corporation (NYSE: X) has provided guidance for the second quarter of 2023, stating that its adjusted net earnings per diluted share are expected to be in the range of $1.81 to $1.86. This surpasses the consensus estimate of $1.76. Read more
Bilateral Talks with President Xi: Secretary Blinken's China Visit Key Takeaways
June 19th, 2023
Secretary of State Antony J. Blinken visited Beijing, China, where he held meetings with President Xi Jinping, Director of the CCP Central Foreign Affairs Office Wang Yi, and State Councilor and Foreign Minister Qin Gang from June 18-19. The discu. Read more
Breaking News: ATI's $1.2B Sales Commitments, Polestar's JV in China's EV Market
June 19th, 2023
ATI Inc. (NYSE: ATI) has announced the securing of $1.2 billion in new sales commitments from prominent aerospace and defense companies. These commitments are expected to contribute an average annual revenue of $200 million from 2024 to 2029. Read more
US Urges Israel to Fulfill Commitments Amid West Bank Settlements
June 19th, 2023
In a press statement issued by Matthew Miller, the Department Spokesperson, the United States expressed deep concern over the Israeli government's announcement to advance planning for over 4,000 settlement units in the West Bank. The reporte. Read more
Stellantis and Archer Partnership Gains Momentum, Faraday Future Adjusts Delivery Timeline
June 19th, 2023
Archer Aviation Inc. (NYSE: ACHR) and Stellantis N.V. (NYSE: STLA) have announced significant progress in their strategic manufacturing partnership. Construction is currently underway for the world's first high-volume eVTOL aircraft manufacturing fac. Read more
Nidec and Embraer Forging Path in Electric Propulsion Systems for eVTOL with JV
June 19th, 2023
Nidec Corporation of Japan and Embraer S.A. (NYSE: ERJ) of Brazil have announced an agreement to establish a joint venture named Nidec Aerospace LLC. The joint venture aims to seize new opportunities in the global market by offering a diverse range o. Read more
Breaking News: Potential 100 Lilium Jets Order; Zscaler, Arthur J. Gallagher Gain Momentum
June 18th, 2023
Lilium N.V. (Nasdaq: LILM), the developer of the first all-electric vertical take-off and landing (eVTOL) jet, has announced a partnership with Shenzhen Eastern General Aviation Co., Ltd (Heli-Eastern) in China. Under the agreement, Heli-Eastern p. Read more
Raytheon Technologies to Become RTX, Reaffirms Outlook
June 18th, 2023
Raytheon Technologies Corporation (NYSE: RTX), a leading aerospace and defense company, has announced its strategic plans to evolve from "Raytheon Technologies" to "RTX" as part of its portfolio realignment. This transition will focus on strengthenin. Read more
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